FX.co ★ GOLD M5: Double Bottom

The Double Bottom pattern has been formed on GOLD M5; the upper boundary is 2336.69; the lower boundary is 2332.40. The width of the pattern is 420 points. In case of a break of the upper boundary 2336.69, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.